Public Employees Retirement Association of Colorado maintained its stake in Univest Corporation of Pennsylvania (NASDAQ:UVSP) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,600 shares of the financial services provider’s stock at the end of the second quarter. Public Employees Retirement Association of Colorado’s holdings in Univest Corporation of Pennsylvania were worth $288,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of UVSP. Renaissance Technologies LLC increased its stake in Univest Corporation of Pennsylvania by 20.7% in the first quarter. Renaissance Technologies LLC now owns 497,569 shares of the financial services provider’s stock worth $12,887,000 after buying an additional 85,480 shares in the last quarter. Nationwide Fund Advisors increased its stake in Univest Corporation of Pennsylvania by 71.6% in the first quarter. Nationwide Fund Advisors now owns 60,828 shares of the financial services provider’s stock worth $1,575,000 after buying an additional 25,372 shares in the last quarter. FMR LLC increased its stake in Univest Corporation of Pennsylvania by 104.8% in the first quarter. FMR LLC now owns 835,172 shares of the financial services provider’s stock worth $21,631,000 after buying an additional 427,338 shares in the last quarter. Cornerstone Capital Management Holdings LLC. purchased a new stake in Univest Corporation of Pennsylvania during the first quarter worth approximately $408,000. Finally, Schwab Charles Investment Management Inc. increased its stake in Univest Corporation of Pennsylvania by 6.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 101,595 shares of the financial services provider’s stock worth $2,632,000 after buying an additional 5,814 shares in the last quarter. Institutional investors own 61.73% of the company’s stock.

Shares of Univest Corporation of Pennsylvania (UVSP) opened at 29.00 on Thursday. The firm’s 50-day moving average price is $29.84 and its 200-day moving average price is $28.68. The stock has a market capitalization of $773.26 million, a P/E ratio of 26.15 and a beta of 0.69. Univest Corporation of Pennsylvania has a 12 month low of $22.24 and a 12 month high of $31.50.

Univest Corporation of Pennsylvania (NASDAQ:UVSP) last posted its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.44 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.03. The company had revenue of $51.31 million for the quarter. Univest Corporation of Pennsylvania had a net margin of 13.95% and a return on equity of 8.04%. On average, equities research analysts forecast that Univest Corporation of Pennsylvania will post $1.77 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Wednesday, September 13th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date of this dividend is Tuesday, September 12th. Univest Corporation of Pennsylvania’s dividend payout ratio is currently 72.07%.

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A number of brokerages have issued reports on UVSP. ValuEngine upgraded Univest Corporation of Pennsylvania from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Keefe, Bruyette & Woods restated a “buy” rating and set a $33.00 price objective on shares of Univest Corporation of Pennsylvania in a research report on Thursday, July 27th. Finally, BidaskClub downgraded Univest Corporation of Pennsylvania from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th.

In other Univest Corporation of Pennsylvania news, Director Michael L. Turner sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 13th. The shares were sold at an average price of $29.80, for a total transaction of $59,600.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 3.62% of the company’s stock.

Univest Corporation of Pennsylvania Company Profile

Univest Corporation of Pennsylvania is the bank holding company of Univest Bank and Trust Co (the Bank). The Bank is a Pennsylvania state-chartered bank and trust company. The Company’s business segments include Banking, Wealth Management and Insurance. The Banking segment provides financial services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking services and equipment lease financing.

Institutional Ownership by Quarter for Univest Corporation of Pennsylvania (NASDAQ:UVSP)

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